Struggling with debt? Get realistic help that’s actually useful, from Liz Weston, one of the most popular and respected personal finance experts! Today, people struggling with debt have far fewer options: lenders are stingier, which makes it harder to avert disaster, or to recover from setbacks like foreclosure, short sales, or bankruptcy. (Meanwhile, people with good credit have more options than ever, including some of the lowest interest rates in decades.) You need an up-to-date guide that can help you assess options, find help, discover opportunities, and take action that works. Liz Weston’s Deal with Your Debt, Updated and Revised Edition is that guide. Weston reveals why most “conventional wisdom” about debt is just dead wrong. For most people, it’s simply impractical to pay off every dime of debt, and live forever debt free. In fact, doing that can leave you a lot poorer in the long run. You’re more likely to give up, or pay off the wrong debts. You could leave yourself too little flexibility to survive a financial crisis. You could neglect saving for retirement. You might even wind up in bankruptcy — just what you’re trying to avoid! For most people, it’s smarter to control and manage debt effectively. In this extensively updated guide, Weston shows how to do that. You’ll learn which debts can actually help build wealth over time, and which are simply toxic. You’ll find up-to-date, real-world strategies for assessing and paying off debt, money-saving insights on which debts to tackle first, and crucial information about everything from debt consolidation loans to credit scores and credit counseling. Weston offers practical guidelines for assessing how much debt is safe — and compassionate, realistic guidance if you’ve gone beyond the safety zone. If you’ve ever worried about debt, you’ll find the new edition of Deal with Your Debt absolutely indispensable.
This book will not work for gamblers but will for people rational about debt In 2005 Liz Pulliam Weston issued DEAL WITH YOUR DEBT: THE RIGHT WAY TO MANAGE YOUR BILLS AND PAY OFF WHAT YOU OWE. Eight years later the same author presents an updated version called DEAL WITH YOUR DEBT: FREE YOURSELF FROM WHAT YOU OWE. The talented Mrs Weston has in the interim produced several other books on personal finance, most notably YOUR CREDIT SCORE. Each of her books tries to be as up to date as possible, drawing on the best available recent statistics from reputable sources…
Useful information, but not necessarily new information This book really is no different than a lot of all-you-need-to-know books about finance. It hits all the points: auto debt, credit cards, mortgages, and student loans. It details what’s good about these debts as well as what’s bad. It also puts some things into perspective especially about credit card debt and student loan debt. I’m a grad student with student loans as well as credit card debt. It’s hard to really know how to set up a plan to tackle this. There is a lot of great information on…